Poland - Factors to Watch Nov 16

Reuters Staff

2 Min Read

Following are news stories, press reports and events to watch that may affect Poland’s financial markets on Thursday. ALL TIMES GMT (Poland: GMT + 1 hour):

CD PROJEKT

Direct costs of the new planned flagship game of CD Projekt, Cyberpunk 2077, are expected to exceed 90 million zlotys ($25.03 million) but the game’s sales potential will be larger than that of the company’s biggest success, The Witcher, CD Projekt Chief Executive Adam Kicinski told Puls Biznesu daily.

GETIN NOBLE BANK

The net loss of Getin Noble Bank widened to 75.1 million zlotys in the third quarter from 26.5 million a year ago, the company said in a statement.

KGHM

Europe’s No.2 copper miner KGHM plans to centralise purchases accross the group in an effort to save a few hundred million zlotys per year, the company’s Chief Executive Radoslaw Domagalski-Labedzki was quoted by Puls Biznesu as saying.

DINO

Polish retail chain Dino plans to increase investment next year by about 20 percent to 600 million zlotys ($167 million) to open more stores amid a surge in consumer sentiment, its chief executive said in an interview.

****Reuters has not verified stories reported by Polish media and does not vouch for their accuracy.****